Company linked to Canadian billionaire adds to waterfront Allison Island compound

A company linked to the family office of Canadian billionaire Lino Saputo paid $16.5 million for a waterfront teardown on Miami Beach’s Allison Island.  It also appears that the same buyer owns the property next door, adding to the family office’s holdings.  Property records show Lester Lipschutz sold the 8,911-square-foot, eight-bedroom and eight-and-a-half-bathroom house at 6640 Allison Road to Quadriam USA. The buyer’s LLC is managed by Danial Zeppetelli, president and COO of Montreal-based Quadriam Investments, the family office of Amelia and Lino Saputo.  Saputo and his family’s net worth is about $4.5 billion, according to Forbes. His late father, […]This article originally appeared on The Real Deal. Click here to read the full story.